High funds fees hit private investors
Series: Property Week ; 69(18) 30 April 2004, 23(1)Publication details: 2004Subject(s): Summary: The Investment Property Forum has warned that high levels of fees charged by some property fund managers will deter private investors. Initial costs may be more than 30% of their investment. Fund managers claim they are passing on the commission rate of independent financial advisors (IFA). The FSA have stated there are no plans to introduce a scale of fees, but it will continue to inform investors on the risks and monitor the trends on fee structures. Table.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB4017-15 (Browse shelf(Opens below)) | 1 | Available | 126125-1001 |
The Investment Property Forum has warned that high levels of fees charged by some property fund managers will deter private investors. Initial costs may be more than 30% of their investment. Fund managers claim they are passing on the commission rate of independent financial advisors (IFA). The FSA have stated there are no plans to introduce a scale of fees, but it will continue to inform investors on the risks and monitor the trends on fee structures. Table.